Russia’s largest independent natural gas producer, Novatek, started using a dedicated LNG transshipment tank at the Zeebrugge LNG terminal in Belgium.
Novatek booked the tank’s capacity as part of a 20-year transshipment agreement between Yamal LNG’s unit Yamal Trade and Fluxys LNG.
The dedicated LNG tank was built specifically for the transshipment needs of Yamal LNG with a capacity of 180,000 cubic meters, allowing the project to transship up to 8 million tons of LNG per annum, Novatek said in its statement.
“The LNG tank construction for Yamal LNG began in Zeebrugge in 2015 and its commissioning is a key milestone for the project,” noted Lev Feodosyev, Novatek’s first deputy chairman.
“The use of a dedicated LNG tank increases the reliability of LNG supplies from Yamal LNG under long-term offtake agreements, as well as increases the number of LNG cargos transshipped in Europe for delivery to other markets, and, primarily, the fastest-growing markets in Asia,” Feodosyev added.